A Price on Fear: How Oil's Rise Reflects America's Muddled Foreign Policy The recent increase in oil prices following the US attack on Iran has sparked concerns that go beyond market volatility.
For decades, the US has struggled to balance its desire for global influence with its reluctance to engage in messy conflicts. This tension is now manifesting in the price of crude.
A pattern has emerged over the past few years: every escalation in Middle East tensions leads to a spike in oil prices.